John Maynard Keynes Quotes

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John Maynard Keynes —
English
Economist
born on June 05, 1883,
died on April 21, 1946

John Maynard Keynes, 1st Baron Keynes ,CB, FBA, was an English economist whose ideas fundamentally changed the theory and practice of modern macroeconomics and the economic policies of governments. He built on and greatly refined earlier work on the causes of business cycles, and is widely considered to be one of the most influential economists of the 20th century and the founder of modern macroeconomics. His ideas are the basis for the school of thought known as Keynesian economics and its various offshoots... (wikipedia)

Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.

Long run is a misleading guide to current affairs. In the long run we are all dead.

The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.

The difficulty lies not so much in developing new ideas as in escaping from old ones.

For at least another hundred years we must pretend to ourselves and to every one that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still.

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